The latest news from SilverSeek.com.

Visit SilverSeek.com

Open Lawyer's Letter to Bart Chilton, CFTC Commissioner

Posted on June 06, 2008

In a report, dated May 13, 2008, CFTC staff allegedly investigated the functioning of the silver futures market. Their conclusion was that it is functioning properly. Unfortunately, the investigation was woefully flawed. Staff failed to inquire into the most basic issues. They didn t ask for warehouse receipts, didn t inspect alleged warehouses, didn t count the bars of silver, and, in fact, didn t do any accounting at all, with respect to the alleged silver that is supposed to cover derivative dealer futures contracts....

Original article link


futures , silver , silver futures